Social TV
Business

Lotto allocates R150m to NPOs to survive pandemic

Following President Cyril Ramaposa’s announcement of Level 5 of the Covid-19 lockdown, SA citizens who usually bet on their lucky numbers for the Lotto would have to diarise their numbers as per the stipulated rules and regulations of the lockdown.

On a brighter note,The National Lotteries Commission (NLC) allocated R150m to non-governmental organizations, non-profit organisations and non-profit companies that are struggling to stay afloat during the coronavirus pandemic.

“The NLC funding for Covid-19 will be limited to organisations that have been funded by the NLC for programmes in the past two financial years, and organisations that have been funded by the NLC in the past five financial years for infrastructure projects.” said the commission.

According to the commission, preference will be given to organisations operating in rural and underprivileged communities. The funding will be limited to operational costs.

The funding will not be available to NLC beneficiaries who:

have been paid a grant in the current calendar year

have received grant allocation letters as an indication of the approval of their grant applications and/or are awaiting payment

have outstanding progress reports

have been placed on the delinquency register

have received funding for operational costs from other funders.

Those interested in applying should submit a detailed motivation on the approved template and confirmation of banking details.

Related posts

Gender equity in ICT is simply good business

Mapule Mathe

Facebook to boost Africa’s economy by $57 billion

Mapule Mathe

Business Engage announces winners of regional categories in Gender Mainstreaming Awards

Mapule Mathe

R6,4 billion in investments, 15 000 plus jobs in 2024 through City’s SPV programme

Mapule Mathe

Council for inclusive capitalism with The Vatican launched

Mapule Mathe

FNB and Clicks have partnered to help stretch your wallet during tough times

Mapule Mathe

Leave a Comment

Translate »